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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Wigglesworth who wrote (15061)	3/31/1998 7:05:00 PM
From: craig crawford	Read Replies (2) \| Respond to of 45548

Everybody buy COMS. <eom>

To: Wigglesworth who wrote (15061)	3/31/1998 7:52:00 PM
From: joe	Respond to of 45548

<We here on this thread already hear his pain, day in and day out> Exactly! Why all the agony? If he's short, he should be glad to think that COMS is going to fall apart even more so. If he's long, he must have bought around the 50s - which should have given him plenty of time to get use to the pain and adjust. Michael: More contradiction - useless posting for the thread. Please try to tell us something we don't know. Joe

To: Wigglesworth who wrote (15061)	3/31/1998 8:56:00 PM
From: The Vinman	Read Replies (1) \| Respond to of 45548

Regarding valuation of 3Com.......IT DON'T MATTER...... This current market has NOTHING to do with valuations at the moment. If anyone feels 3Com valuation is excessive, take a look at YHOO. YHOO is currently trading at over 800 times earnings, yet money continues to go into the stock. The S&P has a PE of 23, this is the highest valuation EVER yet earnings for this quarter for the S&P are predicted to come in at a "growth rate" of 1%(First Call)......last quarter was the first contraction in corporate earnings in years, yet the market has steamed ahead. Market is interest rates and liquidity..... If you are looking to make money on 3Com in the short term, I would suggest trading in and out both long and short, it has a decent trading range on a daily basis of a point or more, and is in a trading range of between 35 and 37 1/2. Good Luck Vinman